Prediction-market platform Kalshi said it is not being investigated by the U.S. Commodity Futures Trading Commission over activity in its ether perpetual market, according to CoinDesk. The statement follows attention around unusual trading patterns in the market. Kalshi attributed those patterns to liquidity incentives, saying they were connected to the way the platform encourages market liquidity. The comments provide an explanation for the activity while denying that the CFTC has opened an investigation into Kalshi over the trading. The development is relevant to market participants monitoring ether-related prediction and derivatives activity, although the supplied information does not indicate any change in ether’s price or outlook. CoinDesk published the report on Sept. 23, 2026.
